Raw materials for the production of shipping container are hot rolled coil (HRC) weather-resistant and expensive SPA-H steel (Photo courtesy of Hoa Phat Group)The provincial Department of Planning and Investment on April 12 officiallygranted the business registration certificate to the Hoa Phat ContainerManufacturing Joint Stock Company. The group has arranged enough capital toimplement the project according to the committed schedule.
Raw materials for the production of shipping containers are hot rolled coil(HRC) weather-resistant and expensive SPA-H steel. This is a product of the HoaPhat Dung Quat Iron and Steel Production Complex. In Vietnam, only this companyhas the technology to produce this type of steel.
The group has experience in large scale production, material resources andmanufacturing. These factors have ensured high quality and reasonable pricesfor its cargo.
The cargo container factory project will have a capacity of 500,000 twenty-footequivalent unit (TEU) a year, focusing on popular container products, with alength of 20-40 feet. The first phase has a capacity of 180,000-200,000 TEU ayear.
Vu Duc Sinh, Director of the Hoa Phat Container Manufacturing Joint StockCompany said Hoa Phat chose Ba Ria – Vung Tau to set up its first factorybecause it is located in the driving force area of the Southeast region, closeto major seaports such as Cat Lai, Cai Mep – Thi Vai and has many benefits toensure the success of the project. It is expected that at the beginning of thesecond quarter of 2022, the first shipping containers under the Hoa Phat brandname will be available on the market.
With an output of 500,000 TEU a year, the container production will need onemillion tonnes of HRC a year, which is a very good output for the Hoa Phat DungQuat Iron and Steel Complex and Hoa Phat Dung Quat 2 Project. The containermanufacturing is a value-added product in Hoa Phat’s iron and steel manufacturingecosystem./.
VNA
